Coherent Live: Complete Coverage Of COHR's Q2 Earnings
Coherent Inc must sustain AI datacenter-driven valuation despite strong earnings, rising margins, and stock gains while free cash flow and capital intensity raise execution concerns.
'Big Short' investor Michael Burry says AI is turning Big Tech into a worse business
AI-driven capital intensity is reducing Big Tech's return on invested capital, threatening historically high ROIC and exerting long-term downward pressure on share prices.